You'll need to sign in or create an account to connect with an expert.
While the amended return ( form 1040 ) is like a new return with the updated facts, the form 1040-X is a reconciliation i.e. it assumes that the original return has been processed and refunds issued or dues have been paid. This how IRS sees it.
Given the above I do not understand your statement
"overpayment from original tax form which has not and will not be paid"Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
JTMyers8642
New Member
CRAM5
New Member
seanj0289
New Member
tlopoii4
Level 1
TomG1
Returning Member